Superconductor Technologies (OTCMKTS:SCON) Shares Up 6% – Here’s Why

Superconductor Technologies Inc. (OTCMKTS:SCONGet Free Report)’s share price rose 6% during mid-day trading on Tuesday . The stock traded as high as $2.65 and last traded at $2.65. Approximately 14,500 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 32,079 shares. The stock had previously closed at $2.50.

Superconductor Technologies Trading Up 6.0 %

The company has a debt-to-equity ratio of 0.28, a current ratio of 3.79 and a quick ratio of 3.45. The firm’s fifty day moving average price is $2.65.

About Superconductor Technologies

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Superconductor Technologies, Inc develops, produces and commercializes high temperature superconductor materials and related technologies. It also engages in the development of Conducts superconducting wire platform, that offers zero resistance with high current density. The company was founded on May 11, 1987 and is headquartered in Austin, Texas.

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